Samko Timber removed from SGX watch-list

SINGAPORE - Processed timber products company Samko Timber will be removed from the Singapore Exchange's (SGX) watch-list on Monday (Dec 5).

The Indonesia-based company had been placed on the watch-list in March because of the SGX's minimum trading price requirement.

The exchange assessed Samko Timber for removal from the watch-list and based on its average daily market capitalisation over the last six months, found that it met the conditions for removal, the company said in a filing.